Vietnam-US Trade Value Soars 460-fold in Three Decades, Signaling Deeper Economic Ties
Bilateral trade between Vietnam and the United States has surged 460-fold over three decades, as revealed at a business summit in Hanoi. Both nations aim to deepen cooperation in high-tech sectors and renewable energy.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Vietnam's Green SM Launches All-Electric Taxi Service in Los Angeles
Vietnamese electric taxi firm Green SM has launched its all-electric taxi service in Los Angeles, marking its first foray into the North American market and accelerating its global expansion under Southeast Asia's richest man, Pham Nhat Vuong.
- Vietnam Customs Shifts from Procedures to Management Innovation to Cut Business Costs
Vietnam Customs is shifting from mere procedural reduction to innovating management processes, including document handling, inspection resource allocation, and data utilization. Initial results from centralized customs clearance and document digitization necessitate synchronized institutional, technological, and human resource development to reduce time and costs for businesses.
- Vietnam Enacts New Corporate Income Tax Law to Align with International Standards
Vietnam has enacted a new Corporate Income Tax Law, aligning its tax regulations with international reforms. The revised law clarifies taxation on foreign-sourced income and addresses the global minimum tax (GloBE), enhancing tax transparency for foreign enterprises.
- European Nations Deepen Economic Ties with Vietnam Amidst Human Rights Concerns
Vietnam is set to sign a Free Trade Agreement (FTA) with the European Free Trade Association (EFTA) on October 18, while the EU aims to boost cooperation on strategic mineral supply chains. However, the arrest of individuals linked to the pro-democracy group Viet Tan has cast a diplomatic shadow over these developments.